Editor's
Rant
Hello
again! Lots of stuff going on... The markets are acting very unusually but it
proves the point about how irrational markets can be in the short term. As you
know, I am very bullish on natural resources such as precious metals, energy,
etc. Every time you see these markets pull back, correct or have an odd down
day, consider it a discount on something very valuable. Stay focused on the
longer term and the `big picture` since, sooner or later, reality hits the
markets and good investments sky rocket while bad investments plummet. Until
then, count on scratching your head as insanity rules the short term. The
essays by the Aden Sisters and Jim Willie put market matters into perspective.
DON'T
FORGET- the deadline
is fast approaching for signing up for the blockbuster real estate event with
David Corsi and Dale Siegel on June 9, 2007. If you sign up by may 31, 2007,
the cost is only a measly $49. to get more details, go to:
Or read in
this issue the piece on the PRACTICAL REAL ESTATE INVESTING SEMINAR.
Regards,
Paul Mladjenovic
www.SuperMoneyLinks.com
The
Bubbling Metals
By Mary Anne & Pamela Aden
May 25 2007 10:10AM
www.adenforecast.com
The
following is reprinted with permission from The Aden Forecast:
The metals have been on a tear. The base metals have been rising
sharply with several hitting new highs. Whether it's nickel, lead, copper, zinc
or aluminum, they've all risen sharply while platinum soared to record highs.
And it's not just the metals, the entire gold universe has been hot. Uranium
continues to defy gravity as it jumped well above $100, while crude oil sits
above the $60 level.
The stock market has been hot too. It's been getting most of the
publicity as it keeps hitting record highs. And while the stock market is
indeed bullish, over the past eight years the Dow Industrials is still down 58%
compared to gold. So the percentage gains have simply been better in gold and
the other metals.
It's the same story this year too. The gains in the metals and
natural resources have been greater than the gains in the stock market, despite
its renewed strength.
As of last week, for instance, uranium had soared 67%. Copper
gained 41%, natural gas was up 26%, platinum 19%, gold 10% and silver 7%. In comparison,
the Dow Industrials and S&P500 gained 6½%, the Transports were up 11% and the top
performing Dow Utilities was up 16%.
POISED TO CONTINUE
These superior gains reflect the ongoing, extraordinary growth in
China. China is not slowing down. The economy grew at an 11.1% pace in the
first quarter, its trade surplus about doubled and its foreign exchange
reserves surged to a record $1.2 trillion.
China is the biggest consumer of copper, nickel, lead, zinc, tin and
aluminum. Copper imports alone were up 123% in the first quarter compared to a
year ago. And as long as China's growth stays on track, we'll continue to see
ongoing rises in commodity prices in the years ahead.
Growing robust demand, together with limited supply is the
fundamental reason why commodities will keep rising. The mining industry cannot
deliver the supply needed for all this new demand, which means that the mega
upmove within the 200 year commodity cycle is in full force.
THIS TIME IS
DIFFERENT
This growth has also fueled the emerging stock market surge and
countries that produce raw materials and energy are booming. In this vein, the
world and the markets are different this time around compared to the 1970s.
Today it's much more powerful because it's a global bull market led by
demand. In the 1970s, inflation pushed gold, silver and oil up to
records. But a demand based rise is always the most powerful.
Let's now take a look at how bullish some of these markets are
SILVER IS SOLID PLATINUM & PALLADIUM TOO
Silver has been in a deficit for 15 years now, which is probably
why it has been outperforming gold since its rise started in 2003. It's been a
good investment and silver's big picture, like gold's, is promising.
Chart 1 shows silver's mega uptrending channel since the
1960s. Last year silver reached its first target, the 1983 high, and it's been
resisting since then. Once silver overcomes this level at $14.80, silver will
have broken out and its next target is at the $22 level.

For now, silver's rise is solid above its rising 65-week moving
average at $12.30 (see Chart 2A).
Interestingly, the leading indicator (B) is still
poised to rise and it looks similar to the movements prior to the surging rise
leading up to the May 06 peak.

Silver has been lagging gold since March. The ratio (C) shows that silver could continue to underperform
gold in the coming months but it would still be stronger than gold on a major
trend basis.
Chart 3 shows platinum's surge. It's
up 19% this year alone and it appears to be leading the way for the other
precious metals. Palladium is poised to follow as it's rising in a solid mega
uptrend too, recently reaching a one year high.

RESOURCES: HOT, HOT
Whether it be record highs in nickel and lead, or big gains in copper
and zinc, the base metals are super strong.
Nickel, for instance, is up 53% in 2007 and considering that 75%
of the world's nickel is used in stainless steel, a squeeze could keep prices
high. In fact, low stockpiles and supply disruptions are ongoing bullish
factors for the base metals (see Chart 4).

Chart 5A shows copper's incredible
strength. It quickly rebounded from its February lows and it's again approaching
its record high posted a year ago at $4.00. Copper prices near $4.00 could put
a damper on growth. This means copper could resist once it gets there,
especially because the leading indicator (B) is
near overbought. But copper is strong above $3.10 and the bull market is solid.

The bottom line is that these markets are among the world's
strongest and they're providing an extraordinary opportunity. The fundamentals
are solid and so are the technicals. Strong bull markets are in force, not only
for gold but for all the metals.
Sure there will be corrections along the way like we're seeing
today that's normal. But stay with these markets for the long-term because
they really have everything going for them and there are great profits to be
made.
June 9th
- PRACTICAL REAL ESTATE INVESTING SEMINAR
In 2005,
we warned investors and home owners about the Housing Bubble and the problems
that would ensue. Everyone was listening to the 'gurus and experts' that said
that real estate would keep going up. What happened?
In 2007,
the market's painful tumble is now apparent to everyone, including the 'gurus
and experts'. Mortgage problems, foreclosures, dropping sales, etc. are in all
the headlines and millions have been affected negatively. The housing market's
problems hit the country's GDP and even stretched across the globe to affect
Asia's markets. The bubble in real estate has indeed popped and investors that
listened to warnings from 2005 and 2006's Financial Vortex conference either
made some great money or avoided the inevitable problems. The question now is
what do we do in today's real estate market?
Today it is
indeed a 'buyers' market'. But there are still pitfalls. At this point I can
safely say that anyone thinking about getting into real estate now will have an
easier time than a year ago. Mortgage rates are still low and real estate is
becoming more affordable due to the current supply and demand fundamentals. In
other words, the 'GREEN LIGHT' is on! Where do you start? The easiest and most
profitable real estate tip I can give you is this
Go to the PRACTICAL
REAL ESTATE INVESTING SEMINAR. I guarantee that it will be the most
fantastic real estate bargain you will find this year. Period! Here's why
- It will
be conducted by my favorite real estate experts David Corsi and Dale Siegel.
They are top-notch pros and superb educators that know the market. You won't be
able to find a better 'duo' anywhere.
- It is an
information-packed Saturday afternoon that will provide more real-world
guidance and strategies than any other real estate event that I know of.
- The price
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financing, this event is for you.
If you
can't come but know someone that could benefit, do them a favor and forward
this email. All of you know how I feel about education and understanding what
is going on in the economy and financial markets. You need to be armed with the
right 'market intelligence' to make the right financial decision. Getting the
right information and guidance is more important now than ever before;
especially with a 'big ticket' event liking buying or selling real estate of
any kind.
Look. I
trust David Corsi and Dale Siegel to provide the type of information and
service that homeowners and investors need in today's real estate market. I
don't want you to miss out so I will make it extra special.
SECRET
BONUS: Attend that
day and I will provide you with a valuable bonus (regular price $59) that will
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As they say
seating is limited and at this price it is a screaming bargain. Sign up today
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If there is
anything that we can do to make the event even more valuable (it that's
possible!) let us know. Feel free to contact us with questions. You can reach
me personally at paul@mladjenovic.com. You can find out
about David Corsi at www.peaceofmindrealestate.com
and Dale Siegel at www.circlemortgagegroup.com.
Thank you
for reading this special message about this great event. The next issue of the
Prosperity Alert will be out soon. I wish all of you more prosperity in your
life
FALSE HOUSING: GOLD HEADWIND
Jim Willie
May 17,
2007
The
following article is reprinted with permission from the writer:
home: Golden Jackass website
subscribe: Hat Trick
Letter
Jim Willie CB is the editor of the "HAT TRICK LETTER"
Use the
above link to subscribe to the paid research reports, which include coverage of
several smallcap companies positioned to rise like a cantilever during the
ongoing panicky attempt to sustain an unsustainable system burdened by numerous
imbalances aggravated by global village forces. An historically unprecedented
mess has been created by heretical central bankers and charlatan economic advisors,
whose interference has irreversibly altered and damaged the world financial
system. Analysis features Gold, Crude Oil, USDollar, Treasury bonds, and
inter-market dynamics with the US Economy and US Federal Reserve monetary
policy. A tad of relevant geopolitics is covered as well. Articles in this
series are promotional, an unabashed gesture to induce readers to subscribe.
The newest deceptions are
with jobs and housing. Each is much worse than reported. The housing decline
might be as much as 15% worse than reported, which leads to much bigger job
loss than is reported. Most of the home construction job loss is under the
table, to people not on state jobless insurance programs, and to immigrant
workers paid in cash. Both fall through the statistical cracks in those home
frames and plywood floors underlayments. A quick preface on the two biggest corrupted
statistics first, since of paramount importance. The US Federal Reserve will
likely respond to more rapid job loss, and to more rapid home sector erosion decline.
When they do, expect an official rate cut sequence to resemble that
of 2001. As in sharp & sudden. The signals surround us that the major
powers are in the process of permitting the USDollar to fall.
Premeditated doctored and
falsified economic statistics are the laughing stock of the USGovt reporting system.
The are the tarnish on a once respected emblem. The two most important
chronically corrupted pulse measures for the USEconomy are the Gross Domestic
Product (GDP) on the economic growth, and the Consumer Price Index (CPI) on
the price inflation. The GDP is lifted improperly by 4% to 5% in order to
conceal the ongoing fight with a recession since the 2000 stock bust. The
enabling device is a ridiculously low price inflation figure which might be
wrong by 7% to 8%. Most reported growth is merely improperly adjusted price
inflation. Be sure that the practical benefit from suppressing the CPI is to
keep Social Security payments down, along with federal pensions related to
agency workers, military retirees, and those who used to sit on judge benches.
The direct market motive is to sell USTreasury Bonds and other debt securities,
while painting a picture of fiscal health for a nation far more sickly than
official statistics reveal. Lying has become an institutional feature of US
government, if not corporate life.
The objective is to achieve
plausible deniability of falsehood by means of abstruse goofy confusing
indefensible methods behind the calculations. Like who besides math/stat jocks
knows the effect of using a geometric average rather than simple arithmetic
average? Doing so drops the CPI by at least 1%, a useful gimmick. Does
anyone realize milk and cheese were absent from the March CPI carefully crafted
calculation founded in convenient deception? If an item rises, remove it or
substitute it. We all buy milk and cheese. Former USFed Chairman Arthur Burns
starting the nonsense, which has taken a life of its own. He first removed volatile
food & energy from the CPI, now a standard practice. The moral of the
CPI/GDP story is that if you lie by at least 5% on the CPI, you not only save
on the USGovt budget deficit but you enable a 5% lie on the economic growth. Who
wants to report the USEconomy is stuck in a recession, now at minus 2% to 3%
decline?
HOUSE SECTOR
IS CRASHING
Every reason looms large that housing data is equally inaccurate as most other
major economic statistics. Whether intentionally falsified or incompetently calculated
by the National Assn of Realtors (NAR), it is irrelevant. Call it
financial engineering. My guess is again a premeditated doctoring of the
statistics, since their motive is so clear, to sell homes. In a worse declining
market, sales would halt, pure and simple. We are in an age where those
parties with the worst, most egregious, vested interest are given charge of
assembling, calculating, and reporting their own statistics. This is
laughable. Imagine the mafia in charge of reporting on crime levels, or
children in school reporting on actual valid sickness and missed days in
class.!
Both existing home sales and
new home sales data are providing misleading national sales information. The new
home curve ball involves cancellations, which are not properly recorded in current data.The housing market has declined much more sharply than is
being reported, like 13% to 15% worse. When looking to confirm data,
a triangular method is effective, meaning related and supporting information
must be consistent. It is not. Look to other sources of information, and
attempt to confirm or refute the aggregate. One inconsistency is possible, but
not a set of inconsistent figures that presents itself. Independent research outfit
John Burns Real Estate Consulting sampled 181 key counties with just over half
of the US population where the large home builders are active. Their work is
the most comprehensive and well organized to cross my desk (thanks to intrepid
hound Kevin F).
Home sales have fallen 22%
on a 12-month basis versus the prior 12 months, in reality. On a simple
year-over-year monthly comparison, the decline is even worse. Contrast that to
a mere 10% in the compromised NAR reports. It is hard to call theirs or
USGovt's work analysis, when it is more like a fraudulent marketing promotional effort.
1) Mortgage Bankers
Association (MBA) seasonally adjusted purchase application index is down 18% from
its peak in September 2005. Not all applications are accepted, and oftentimes people fill out
more than one. So how could reported sales have fallen by less than 18%, by NAR
data? This not only makes no sense, but nobody seems to question it.
Applications are NOT final sales, and furthermore, canceled sales make for even
worse final sales figures. Go with confirmed sale closings, which is available
but not utilized by the NAR. Suspect a vested interest in keeping a favorable
spin!
2) DR Horton and Lennar,
two largest homebuilders in the United States, have announced orders being down
27% to 37%, on an annual basis. The parent company of the group Century 21
serves as another excellent triangular data point. Their subsidiaries Coldwell
Banker and ERA accounted for roughly 1.9 million brokerage related transactions
in 2006 compared to 2.3 million in 2005. That comes to an annual decline of 18%
nationwide. The NAR state data does cite big corrections in three major states:
28% drop in Florida, 24% drop in California, and a 28% drop in Arizona. The independent
data shows the sales have probably dropped by 34%, 27% and 38%,
respectively on final sale basis.
So the housing decline is
much worse than reported, LIKE TWICE AS BAD. See their report (click here).
Spin versus reality might look like this, in a great chart composed by JBREC.

TWO FALLOUT
FACTORS ON JOBS
Many workers in the home construction industry do not typically participate in
the state unemployment insurance programs. The construction firms wish to keep
their labor expenses down, and payment in cash accomplishes that objective.
Paying immigrant workers in the special trades also is done on a cash basis
more than is recognized by those who actually trust official data compiled by compromised
bureaucrats and party apparatchiks eager to follow orders or even impress
via new clever deceptions. So the official job loss data collected by the US Dept of
Labor does not count those cash basis jobs. That is convenient. Financial
engineering. Not only do Ripple Effect job losses occur with those involved in
carpets, light fixtures, faucets, landscaping, and so on, but their lower or
missing paychecks act like a contagion agent back home.
Remittances are payments
made by many types of immigrant workers outside the United States to other
lands, simple cash disbursements like to family members via bank wires.
Agriculture and construction are the two biggest sectors with such workers. The
Mexican families have seen the biggest brunt of the slide, joined by those in
central American locations, alongside Dominica and some South American nations.
Between 2000 and 2006, almost 20 thousand Latino workers were added in cement
masonry alone, with another 72k as drywall hangers, another 140k as painters,
according to the US Dept of Labor Statistics. The Mexican economy has felt the
impact in pockets. Even Brazil has seen a dropoff, from $330 million in
remittances in February 2007 versus a monthly average of $446 million a year
ago. In previous reports, it has been noted that job cuts are under-reported
among home builders. Remittances are the evidence. A tiny fraction of the
workers sending less money home are inside the state system of state
unemployment insurance. Not only is contagion evident in the USEconomy and US
mortgage banking industry (all denied loudly), but that contagion extends to Latin
America south of the border. The problems have spread to the overall economies in the
entire hemisphere. The Wall Street Journal provides this excellent graphic.

THE JOBBED
JOBS REPORT (AGAIN)
How does MINUS 229 THOUSAND JOBS sound for April ??? Take away the indefensible
nonsensical but convenient Birth-Death model addition of 317 thousand jobs for
the month, all nicely hidden and never cited, and that is what you see. Look
instead to the Household Survey, and no better. You see MINUS 463 THOUSAND
JOBS. Flick a switch, trigger a statistical device, and poof, just weak jobs
creation during the current recession. Financial engineering.
The jobs picture confirms
troublesome growth signals. The official promotional piece known as the 'March
Jobs Report' explained non-farm job growth rose by a mere 88 thousand jobs, far
below the 125 to 150k required to keep pace with the population. It was the
weakest report in three years. Worse still was the downward revision by 26k
jobs in January and February. Revisions down are an accurate forward indicator
generally, a signal of weakness ahead. Look to the trend, and downward
revisions mean things are changing for the worse. The 0.4% drop in average
hours worked is another confirming bad signal.
Here is the GIANT LULU.
The Birth-Death Model actually added 317k jobs. ON WHAT BASIS??? From a housing
decline and related fallout? Without that indefensible lift, the March jobs figure
would have been MINUS 229 THOUSAND. The +95k B-D adjustment from leisure & hotels, and the
+49k adjustment from construction seem way off, very contrived. The labor
participation rate fell by 0.2%, which means fewer people even look for work.
That kept down the jobless rate, which is a measure
of state jobless insurance collection only. People are dropping out
of the system. A huge 262k rise (5.8%) was seen in people NOT counted in the
labor force who would like to have a job. Sounds like a jobless person to me!!!
The interesting U-6
all-inclusive statistic (unemployment + under-employment) rose to 8.2% from 8.0% in
April. The Shadow Govt Statistics folks believe the jobless rate is closer to 12% in
the United States. A final point is that immigrant construction workers are not
included in the official statistics. Their numbers are 'mucho mas en realidad'
(much more in reality, just using my newfound Spanish skills) than what is
reported. The ripple effects are now beginning to take a bite. Related niches
to home building and remodeling, related niches to home lending, these are
shedding jobs in droves. Refer to carpets, faucets, lighting, furniture,
appliances, landscape, plumbing, wiring. Refer to loan officers, property
appraisers, title search, legal, home inspectors.
Next come contradictions. The
Institute for Supply Mgmt (ISM) Manufacturing index for April was 54.7,
up from the 50.7 in March. Here is where the data does not jibe. The diffusion
index measures employees on mfg payrolls. It fell to 53.4% in April from 58.1% in
March. The surprise positive ISM index jump to 56.0 in April from 52.4 in March
SHOULD BE DISMISSED. The direction of these two series goes in opposite
directions. Financial engineering. Job losses of 19k in mfg, 11k in
construction, and 26k in retail testify to broad weakness. The fact remains that 3.2
million factory jobs have vanished since 2000, led by the car and downstream
industries. The ISM seems doctored heavily. This chart and the contradiction
were offered by Paul Kasriel of First Northern, grabbed with gratitude.

RETAIL
SECTOR CONFIRMS SLOWDOWN
The investment community and public at large is told that USEconomic activity is slowing,
housing remains in trouble, job growth is worse than anemic, but the
jobless rate is nice & low, and manufacturing is perking up. SOUNDS LIKE
RUBBISH. With a 30% decline in annual housing starts, we have seen very little
in lost construction jobs in the official statistics.
Even the retail sector is
weak, at its lowest growth rate in three years, caught in a certain downtrend.
Big negatives in sales were announced last week in the retail arena by chains,
from Aeropostale to Abercrombie & Fitch, each more than 10% down, even
Wal-Mart at minus 3.5% was the worst showing in 27 years. In the retail group,
80% missed their forecast. The April retail sales (excluding cars) was minus
0.2%, but terrible weather might have hurt those sales. We are near the low end
of retail sales growth levels when a recession last hit. The following graphic
is provided by the excellent data compilers and analysts at Contrary Investors.

STAGFLATION
STRAIGHT JACKET
To compound the suspicions that STAGFLATION is upon us, the GDP Deflator is now
running at 4.0% annually, more than double the 1.7% shown in the previous Q4.
The positive news is the 2.0% growth in business investment for Q1. That rebounds from
the last Q4 of 2006. The trend has been for US corporations to invest more in
stock buybacks than in equipment to expand the business capital base, just like
what has been quantified here among the large energy companies. Also the
March factory orders showed a surprising +3.1% lift. It should be noted
carefully that the bulk of the new orders for computer and business equipment
were from OVERSEAS DEMAND, not US-based demand.
An aside on gasoline and
fuel costs generally. They crimp consumer spending elsewhere. Sure, never
under-estimate the resilience of US spenders. Well, unless gasoline becomes a problem.
It is a unique cost, since IN OUR FACES EVERY DAY, on television every day, in
newspapers every day, the things that Joe Sixpack & Soccer Moms pay attention to.
Just yesterday, a phone call came from a friend in a coastal US city. He reports a rash
of boat sales from owners who cannot afford to pay the higher
fuel costs (thanks, Tim S). So higher costs have begun to force yet more
liquidations of assets. How will recreational vehicle sales do? Badly, but
distressed sales of currently owned RV's will shoot up. We have not yet heard
from the truckers, who are a loud rough tough bunch. Gasoline, diesel, and jet
fuel are the other weak links in a growing monstrously long list of weak
pressure points in the USEconomy. Their prices rise with the falling USDollar,
compounded by monumental irresponsibility among gasoline refiners and USGovt
officials beholden to environmental causes. We keep clean surroundings but lose
jobs.
The specter of stagflation
puts the USFed in a horrible bind. They have been facing the double barred
dilemma, to rescue the USDollar with a rate hike or to rescue the Housing
sector with a rate cut. Their inaction led them directly into the nightmare of
STAGFLATION, with little in the way of policy options. AS THE USFED STRUGGLES
WITH ITS TOTAL ABSENCE OF POILCY OPTIONS, COST INFLATION WILL RAGE INSIDE THE
USECONOMY AS THE RELEASE VALVE, WHILE THE HOUSING CRISIS WORSENS TO KILL JOBS.
Now two years past the initial USFed initial interest rate hikes, the system has
had ample time to send higher prices systemically throughout the economy. Plenty of
resistance remains, like price ceilings imposed by China and India via outsourcing.
However, the kicker is new price explosions from the gasoline side.
People must get to work. Companies must receive shipped supplies. All
transportation types must function along commercial arteries, from car to truck to
railroad to ocean vessels to airplanes. Homes and buildings must be lit and
kept cool.
Make no mistake. The
USFed has four storms brewing, each powerful, each blocking a change in policy,
plagued by one ancillary risk like a hemlock chaser. They are reviewed,
analyzed, and developed in the May Hat Trick Letter.
- USDollar
decline
- housing
market distress
- mortgage
cancer contagion
- teetering
credit derivative structure
- trade war
with China
The USFed is in an
unmanageable position, sure to breed havoc upon any change, and maybe havoc
without any change! To say the USFed is stuck in policy quicksand is a gross
understatement. They are in a straitjacket on a platform above quicksand
inhabited by mobile adaptive crocodiles!!!
A rate cut is coming, with the
USFed kicking and screaming, together with denying reality and adding
indefensible credibility to utterly false economic reports. They need a smoking
gun to point to, so as to shed full responsibility for their indecision and to
defended credibility. The USDollar decline both confirms the expectation and leads
the actual decision. The US$ decline seems an approved event. If you need that
smoking gun, look no further than the decline in the 3-month Treasury Bill
yield. It is analyzed in the May HTL report, along with the lack of market
expectation evident in Fed Funds futures. The TBill opens the door for the
USFed to cut interest rates. Bond traders have begun to push down yields in the
short-term USTreasury. The USFed would then follow, more obedient to the
bond market than understood. Thanks to Lance Lewis, posting on Minyanville,
for the graph of the 2000-2001 timeframe comparison. We are seeing a repeat
event to 2000 pattern right now.

POTPOURRI
The Hat Trick Letter issue for May is out. Among a host of other markets reported
on, stories include the IBM gigantic layoff, which will be difficult to hide in
the jobbed Jobs Reports. It includes the Executive Decree which authorizes
intelligence czar Negroponte to permit NO DISCLOSURE by large corporations who
do the USGovt bidding in market manipulation, in the name of national security.
In other words, a knee-jerk assessment, is that fraud is in the US national interest.
It includes the story about EuroNext, which moves us one step forward
to the full integration of financial markets. It links US and European
financial markets. Their control will certainly be made easier. It includes a
Special Report on the Credit Market Derivatives, some information on their complex
structure, and evidence of meltdown events in progress. It includes an update on the
German juggernaut economic success story and the contrasting European housing
bubbles in England and Spain.
Does anybody of sound mind
and clear thought process now doubt my claim made in the last two years that
the European Union economy is stronger than that of the United States? They chose
not to wreck their economy by pumping housing equity via debt
into it. Europe does not possess a SUBPRIME MORTGAGE market, complete with associated
toxic collateralized bonds. My forecast made in 2005 and 2006 was that
in time, THE USECONOMY WOULD BE THE WEAKEST IN THE INDUSTRIAL WORLD. We are
here, but the USFed Keystone Cops are caught in a policy nightmare. When they
awaken to act, gold will zoom toward $1000 in price, along with silver toward
$30. An urgent interest rate cut cycle will occur, come hell or high water with
the doomed USDollar.
In fact, as analyzed in the
May report, the USGovt knuckleheads might want a lower USDollar to 'teach China a lesson'
akin to shooting Uncle Same in the kneecap. Gold and silver are acting much
like coiled springs. To make matters worse, the energy market is looking
strong, both crude oil and natural gas. If not depletion, it is Nigerian
bandits. If not Saudi Ghawar on the downslope, it is Mexican Cantarell. The US
Military does its job in keeping Iraqi output low, making huge demand on
supplies for military equipment. The summer driving season will draw more oil
from inventories. The summer air conditioning season is here, with more drain
on electricity and natural gas fuel supplies.
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misconceptions, and the poppycock. It is going to be amazing to watch it all
unfold, and your commentary along the way will be the sizzle on the
steak."
(Gregg F in Illinois)
"I am currently subscribed to over 60 paid newsletters. Your analysis
is by far the most accurate every time. The most impressive characteristic of
your thought processes is your ability to think in multi-factorial terms. You
are one of the few remaining intellectuals with such capacity intact."
(Gabriel R in Mexico)
Jim Willie CB is a statistical analyst
in marketing research and retail forecasting. He holds a PhD in Statistics. His
career has stretched over 24 years. He aspires to thrive in the financial
editor world, unencumbered by the limitations of economic credentials. Visit
his free website to find articles from topflight authors at www.GoldenJackass.com. For personal
questions about subscriptions, contact him at JimWillieCB@aol.com
Upcoming events
June 16,
2007: The ADVANCED OPTIONS WORKSHOP (Fort Lee, NJ- area).
Complete details
will be available in the June issue. But please let me know directly at paul@mladjenovic.com or call me at
201-585-0239 to express your interest. I purposely keep this as a small,
private workshop. If you have attended before, you can come again free of
charge. For first timers, contact me directly for cost, details, etc. It's the
same event I ran in January so you can see past issues of Prosperity Alert at www.SuperMoneyLinks.com for details.
March 2008:
This is your first heads up on the event of the year The Prosperity Conference
with Paul Mladjenovic. This is a re-birth of Financial Vortex. I've changed the
name since some people were confused by the title. If you attended either the
first or second Financial Vortex (both on DVD so feel free to email me for
details) then you know what a great program it can be. Great speakers with fantastic
insights to help you build & protect your wealth. I can hardly wait! More
info on this in due course. But don't wait give me your thoughts, comments and suggestions
on the Prosperity Conference. I want it to be the best conference yet.
Enjoy your Memorial
Day Weekend. Let's remember those that died on our behalf and let's continue to be vigilant
about protecting our freedom & prosperity. Stay well
Regards,
Paul Mladjenovic
Editor of
Prosperity Alert ezine
www.SuperMoneyLinks.com
“Stock Investing for Dummies” the 2nd edition is now available!
The 1st edition came out in 2002 and was rated by Barrons, the financial weekly, as
one of the top ten investment books that year (out of 300 books). With
updated information and new insights into the stock investing environment for
2006, the 2nd edition is even better. You can order your copy at:
 http://www.amazon.com/gp/product/0764599038/qid=1138517977/sr=1-1/ref=sr_1_1/104-9137451-8175124?s=books&v=glance&n=283155
An Internet Announcement
A new e-commerce web portal www.SuperMoneyLinks.com
was developed by the great professionals at www.NexWEB.com.
They are a top-notch team that I have joined forces with to bring Mladjenovic content to the web.
For those of you that need excellent point and click Internet services, please contact them directly through their website at www.NexWEB.com.
Tell them Paul sent ya!
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